TES accelerates German hydrogen import project

Belgian company brings forward plans for import terminal at Wilhelmshaven and broadens scope to LNG

Belgium-based clean energy company Tree Energy Solutions says it is accelerating its development of a hydrogen import project in northern Germany by at least two years and widening its scope to include LNG in response to Europe’s energy crisis. Phase one of the terminal at the north German port of Wilhelmshaven is now expected to be operational by the winter of 2025 at a cost of €2.5bn ($2.76bn), according to an accelerated development timetable, TES says. The project ultimately envisages six independent storage tanks and six ship berths at a total cost of €25bn over ten years. TES, which is backed by Belgian financial group Atlasinvest, has signalled it is open to participation in the proje